Yeah, the higher the price, the lower the pool of potential buyers.

Are you saying that no one is buying right now?

the more money printed, the more devalued it becomes. then inflation goes up.

Nope, there are people buying.

But they are mainly buying new.

I remember 3 years ago people were spelling doomsday for the property market. Until now, nothing happened.

As i was a active forex/commodities/indices trader years before, i came to know there are so many self claim professional trader.... And these are what they use to say......
"100 is the resistant level, if the resistant break it will goes up higher, if not it will come back to test the support."
"The next resistant after 100 will be 102, then 104, followed by 106"
"The XXX economy data show that the market shld trading in the range of 95 to 105"
And etc........................
But my reply is always the same, "Jus give me an entry price, profit target, cut loss point." And that's jus what i wants to know.... If not there is no point for me to listen to your 'professional story'......

Prop price crash? Lots of data showing sign of it? Yeah.... Tell me When? Crash how much? If not, what can I do, wait? Wait how long? And the next last question, "What if it didn't crash, and it went up?"
U'll never get these answer dude.......

This post has been edited by AppreciativeMan: Jun 5 2013, 03:28 PM

Not necessary. Crazy people who thinks that housing price will never go down are also a major cause

Well you decide. Look at the fundamentals. Is it ok? Nothing is perfect.

If 100% of the people are right 100% of the time it would be a boring world.

It's simple actually. As long as interest rates are like BLR-2.5%, and no major economy hiccups, it's going to go further up.

You can check back previous discussions , so many people here in this forum predicted wrongly when they say the bubble is going to burst. And the funny thing is they think that there's only two possibilities, the bubble will burst or the bubble will continue to grow. They never think that the bubble will stay stagnant or the bubble will slow down in growth until inflation catches up.

You want the bubble to blow , just raise interest rates.

Can someone please answer if property prices today are higher than they were 10 years ago? In the same vein will they be lower than they are 10 years down the line?

80%-90% of the years, price is at the highest in that year.

One thing to take into consideration. Rental Yield.
Another thing to take into consideration. China's housing bubble, Australia's housing bubble and Singapore's housing bubble.

I am sorry I dont quite understand what you mean?
In 10 years time the prices will be higher or lower than today?

Average property prices now are higher than they were 10 years ago.
Nobody knows if property prices 10 years later will be higher or lower than now.

If you go back in history have they ever been lower than the previous decade?

Out of 10 yrs, 8-9 yrs prop prices is at their peak in tat year..... So what would be the price 10yrs time from now?

Sorry maybe my question isn't clear. I m sorry but I don't really know how to put it.
If price of property in:-
1993 is lower than 2003.
2003 is lower than 2013 then
2013 is higher/lower than 2023?

This post has been edited by Aventador360: Jun 5 2013, 04:23 PM

In 1997 the property market crashed to death with me ( in it ) but by 2007 it was already higher than it's 1996 high. FYI

I think crash or not depends on you guys le....if can hold then no crash lo...